Memo: Thrasio CEO Greg Greeley plans to resign and five other senior executives will “step down when Thrasio emerges from Chapter 11 in the coming weeks”
Annie Palmer / CNBC : X: @rogoswami and @levynews X: Rohan Goswami / @rogoswami : Holy cow... what's going on in the aggregator world? @annierpalmer keeping the scoop streak going https://www.cnbc.co...
An interview with Instacart founder and former CEO Apoorva Mehta on Instacart's beginnings, his board exit, his reluctance to take the company public, and more
and today he cut all ties with the company Reuters : Instacart set to be valued at nearly $13 bln in Wall Street debut Ari Levy / CNBC : Instacart closed up 12.33% in its Nasdaq debut, valuing the gro...
Sources: Stability AI wants to bring in a Sheryl Sandberg-like executive after burning through much of the $100M raised in 2022 while generating little revenue
Reed Albergotti / Semafor : Tweets: @greglinden , @greglinden , @levynews , and @reedalbergotti Tweets: Greg Linden / @greglinden : If your AI demo is mediocre most of the time and crap 20% of the ti...
Sources: Stability AI looks to bring in a Sheryl Sandberg-like exec after burning through a big chunk of $100M raised in 2022 without generating much revenue
Stability AI, one of the hottest companies in artificial intelligence, is burning through cash and has been slow to generate revenue … Tweets: @greglinden and @levynews Tweets: Greg Linden / @greglind...
Instacart hires Fidji Simo, the head of Facebook's app and one of the highest-ranking female executives at Facebook, as its new CEO starting August 2
an ex-Facebook exec — hints at post-IPO ambitions Michelle Cheng / Quartz : Instacart will go public under a new CEO hired from Facebook Tweets: Deirdre Bosa / @dee_bosa : 🚨BREAKING: instacart taps Fi...
Marc Benioff says he expects 50% to 60% of Salesforce employees to work from home even after the pandemic ends, up from about 20% before the pandemic hit
Ari Levy / CNBC : Tweets: @amydiehl Tweets: Amy Diehl, Ph.D. / @amydiehl : “The past is gone”: Expecting 50-60% of employees to work remotely, @salesforce CEO Marc Benioff is downsizing office needs....
Clearview AI SEC filing revealed $8.6M in equity sales from undisclosed investors and identified two previously unknown board members
BuzzFeed News : Tweets: @rmac18 , @bri_sacks , @levynews , and @rmac18 Tweets: @rmac18 : As the company faces a host of lawsuits (Illinois class action, Vermont AG, others) the fundraise shows that t...